How Often Is a Mutual Fund Priced

question 20

Multiple Choice

How often is a mutual fund priced?

• A) Once a day at the opening of trading.
• B) Once a day at the close of trading.
• C) Continuously during the trading day.
• D) At the open and close of trading.
• E) None of the above.

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Definitions:

Present

The current point in time or the moment that is occurring now.

Present Value

The current value of a future sum of money or stream of cash flows, given a specified rate of return.

Resource Extraction

The process of retrieving raw materials from the Earth for human use, such as mining, drilling, or harvesting.

Profit-Maximizing Firms

Businesses that aim to achieve the highest possible profit from their operations.